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How would you rate Obama's G-20 Performance? What would you consider his major acheivement?

While reading articles, I came across this one. Thoughts?
[WSJ]Has there ever been a major economic summit where a U.S. President and his Treasury Secretary were as thoroughly rebuffed as they were at this week’s G-20 meeting in Seoul? We can’t think of one. President Obama failed to achieve any of his main goals while getting pounded by other world leaders for failing U.S. policies and lagging growth.

The root of this embarrassment is political and intellectual: Rather than leading the world from a position of strength, Mr. Obama and Treasury Secretary Timothy Geithner came to Seoul blaming the rest of the world for U.S. economic weakness. America’s problem, in their view, is the export and exchange rate policies of the Germans, Chinese or Brazilians. And the U.S. solution is to have the Fed print enough money to devalue the dollar so America can grow by stealing demand from the rest of the world. …

Answer Question

Asked by grlygrlz2 at 4:48 PM on Nov. 15, 2010 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (19)
  • grlygrlz2

    Comment by grlygrlz2 (original poster) at 4:49 PM on Nov. 15, 2010

  • What would you consider his major acheivement?

    Nobody threw anything at him.

    He should've known better - the question is if he did know better and caved to the pressure from the party to do as they command, or if he actually thought that was a good idea.

    Answer by NotPanicking at 4:50 PM on Nov. 15, 2010

  • Also this article San Francisco Chronicle.

    Shellacked at home, shellacked abroad. President Obama’s Asia trip is extending a losing streak with the latest setback – a refusal by other major financial powers to follow his lead to revive the global economy.

    The president’s nostrums, which began with a call for stimulus-style pump priming by other nations, had evolved into a plan to ease wild swings in currency values and overboard trade imbalances. But he got next to nothing in showdown meetings with other leaders of the G-20 nations, or major economic powers. U.S. leadership, once taken for granted, has all but vanished, and no one’s in charge.


    Comment by grlygrlz2 (original poster) at 4:51 PM on Nov. 15, 2010

  • Chip Reid from CBS said “critics say is an embarrassing disappointment.”


    Comment by grlygrlz2 (original poster) at 4:56 PM on Nov. 15, 2010

  • grlygrlz2

    Comment by grlygrlz2 (original poster) at 4:59 PM on Nov. 15, 2010

  • Uhh, no achievements so far.

    In fact, he and our country have been made to look ridiculous.

    Answer by mustbeGRACE at 5:24 PM on Nov. 15, 2010

  • You cannot come to the bargaining table with no clout. A weak dollar at home and a weakening approval rating, the printing of funny money, and a poor foreign policy. No clout=No deals.

    Answer by jewjewbee at 5:55 PM on Nov. 15, 2010

  • I can't think of a thing. Even the left wing media is beginning to turn on him.

    Answer by Carpy at 6:00 PM on Nov. 15, 2010

  • I just think that recession will just linger on and with more possible layoff come 2011.

    Answer by musicmom08 at 6:08 PM on Nov. 15, 2010

  • musicmom, are you satisfied with Obama's part in the G-20? What would you consider an accomplishment of the G-20?

    Comment by grlygrlz2 (original poster) at 6:16 PM on Nov. 15, 2010

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